---
kind: "section"
citation: "24 C.F.R. § 1005.903"
title: "24"
number: "1005.903"
heading: "Reporting and certifications."
url: "https://uscodex.org/cfr/24/1005.903"
---

# §1005.903. Reporting and certifications.

- (a) The Direct Guarantee Lender, Non-Direct Guarantee Lender or Servicer shall provide timely and accurate reports and certifications to HUD, which may include but is not limited to reports in connection with performance reviews under [§ 1005.901](/cfr/24/1005.901.md), any special request for information from HUD, and any reasonable reports prescribed by [Section 184](/cfr/24/184.md) Program Guidance, within reasonable time frames prescribed by HUD.
- (b) The Direct Guarantee Lender, Non-Direct Guarantee Lender or Servicer's failure to provide timely and accurate reports and certifications to HUD may subject the Direct Guarantee Lender, Non-Direct Guarantee Lender, Holder, or Servicer to sanctions and civil money penalties pursuant to §§ [1005.905](/cfr/24/1005.905.md) and [1005.907](/cfr/24/1005.907.md).

## Notes

### Authority

Authority: 12 U.S.C. 1715z-13a; 15 U.S.C. 1639c; 42 U.S.C. 3535(d).

### Source

Source: 89 FR 20056, Mar. 20, 2024; 89 FR 22084, Mar. 29, 2024, unless otherwise noted.